Buy horizontally, buy pits, don't buy vertically; the selling point is at the boiling point. Continuous small rises are real gains, while continuous large rises require exiting the market. A sharp drop with no volume is a scare tactic; a slow drop with volume means to withdraw quickly. A significant rise requires a pullback; do not dig deep holes and do not buy heavily.
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"Classic Trading Volume Mnemonics"
Buy horizontally, buy pits, don't buy vertically; the selling point is at the boiling point.
Continuous small rises are real gains, while continuous large rises require exiting the market.
A sharp drop with no volume is a scare tactic; a slow drop with volume means to withdraw quickly.
A significant rise requires a pullback; do not dig deep holes and do not buy heavily.